They’ve Solved the National Debt! Just Mint a $1 Trillion Coin
Have you heard the latest news on theย fake debt-ceiling fight? The Senate has approved a measure to kick the can down the road a couple of months. So, the โfightโ will continue! The $480 billion increase raises the debt limit to $28.9 trillion, but thatโs only going...
A Dark Side of Inflation
When the Federal Reserve inflates the money supply, the resulting debasement of peopleโs money is reflected in the higher prices that people are paying for things they need or want. Already, everyone is seeing, for example, significantly higher prices for gasoline at...
Fed Shifts Inflation Policy to Steal More of Your Wealth
The Federal Reserve has doubled down on its policy of devaluing your money. During a speech in Jackson Hole last week, Federal Reserve Chairman Jerome Powell announced a shift in the central bank’s inflation policy. In the past, the central bank has targeted a 2...